CVB Financial (NASDAQ:CVBF) will announce its earnings results after the market closes on Wednesday, January 24th. Analysts expect the company to announce earnings of $0.27 per share for the quarter.

CVB Financial (NASDAQ:CVBF) last posted its quarterly earnings results on Wednesday, October 18th. The financial services provider reported $0.27 EPS for the quarter, hitting analysts’ consensus estimates of $0.27. The business had revenue of $81.78 million during the quarter, compared to analysts’ expectations of $81.78 million. CVB Financial had a net margin of 35.60% and a return on equity of 10.89%. During the same period last year, the company posted $0.23 earnings per share. On average, analysts expect CVB Financial to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of CVB Financial (NASDAQ CVBF) opened at $24.04 on Wednesday. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.02. The company has a market cap of $2,676.81, a price-to-earnings ratio of 23.12, a price-to-earnings-growth ratio of 2.10 and a beta of 1.50. CVB Financial has a twelve month low of $19.58 and a twelve month high of $25.49.

The business also recently declared a quarterly dividend, which will be paid on Monday, January 22nd. Shareholders of record on Friday, January 5th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 2.33%. The ex-dividend date is Thursday, January 4th. CVB Financial’s payout ratio is 53.85%.

A number of equities research analysts have commented on CVBF shares. Zacks Investment Research cut shares of CVB Financial from a “hold” rating to a “sell” rating in a report on Wednesday, October 11th. ValuEngine cut shares of CVB Financial from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th. Piper Jaffray Companies reiterated a “hold” rating on shares of CVB Financial in a report on Friday, October 6th. Sandler O’Neill reiterated a “hold” rating and set a $24.00 price objective on shares of CVB Financial in a report on Thursday, January 4th. Finally, BidaskClub cut shares of CVB Financial from a “hold” rating to a “sell” rating in a report on Tuesday, January 9th. One research analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company. CVB Financial presently has an average rating of “Hold” and an average price target of $23.17.

ILLEGAL ACTIVITY WARNING: “CVB Financial (CVBF) Scheduled to Post Quarterly Earnings on Wednesday” was originally reported by American Banking News and is the property of of American Banking News. If you are accessing this news story on another website, it was illegally copied and republished in violation of US & international copyright & trademark law. The legal version of this news story can be read at https://www.americanbankingnews.com/2018/01/17/cvb-financial-cvbf-scheduled-to-post-quarterly-earnings-on-wednesday.html.

CVB Financial Company Profile

CVB Financial Corp. (CVB) is the bank holding company for Citizens Business Bank (the Bank). The Bank operates through two segments: Business Financial and Commercial Banking Centers (Centers), and Other Operations. The Company’s administrative and other smaller operating departments are combined into the Other segment.

Earnings History for CVB Financial (NASDAQ:CVBF)

Receive News & Ratings for CVB Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CVB Financial and related companies with MarketBeat.com's FREE daily email newsletter.